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NTT DATA and SAP Announce Co-Innovation Solution to Track Fragile and Sensitive Cargo Shipments and Facilitate Insurance Procedures

TOKYO, JAPAN and SINGAPORE - Media OutReach - 12 July 2022 - At the SAP® Sapphire® conference in Tokyo today, NTT DATA and SAP Asia Pacific and Japan (APJ) announced a new co-innovation solution to...

World shares wobbly after Wall Street sinks into bear market

TOKYO (AP) — Global stocks drifted lower Tuesday in the wake of Wall Street's tumble into a bear market, as investors anxiously contemplated a new and uncertain world of higher interest rates, interna...

S&P Global Ratings upgrades Taiwan economy to AA+

TAIPEI (Taiwan News) —Taiwan’s long-term issuer credit rating was raised to AA+ from AA by S&P Global Ratings on Friday (April 29), while its outlook was assessed as stable. Last Ap...

Dollar in doldrums amid Ukraine hopes, traders weigh Fed's rate plans

The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors continued to assess the impact of the start of the Federal Reserve'...

Asia Pacific Transaction Volumes Expected to Record Double-Digit Volume Growth in 2022 and 2023

Global transaction activity hit a new record level in 2021 Greater China 2021 investment volume up 40% on 2020 performance HONG KONG SAR - Media OutReach - 15 March 2022 - Global real...

Saudi Arabia keeps lid on oil output as US gas prices rise

DUBAI, United Arab Emirates (AP) — Saudi Arabia is signaling it isn't willing to pump more oil and won't push for changes to an agreement with Russia and other producers that has kept a lid on oil pro...

Taiwan’s semiconductor output hit NT$4 trillion in 2021 for 1st time

TAIPEI (Taiwan News) — The output from Taiwan’s semiconductor industry logged more than NT$4 trillion (US$143 billion) in value for 2021, the best performance ever. The total production...

Taiwan’s TSMC hiring political economics talent amid geopolitical tensions

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC) is seeking to recruit a political economics expert amid heightened geopolitical risk. The world’s largest chipma...

Oil prices rebound as growing geopolitical tensions fuel supply fears

Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions. Bre...

Intel says US chipmakers should be priority over TSMC, Samsung

TAIPEI (Taiwan News) — The U.S. should invest more in domestic chipmakers over Asian companies like Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung, Intel CEO Pat Gelsinger said Wednesd...

Samsung says it will build $17B chip factory in Texas

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This ...

Asian shares advance on optimism over vaccines, stimulus

Shares were mostly higher in Asia on Thursday, helped by progress toward rolling out coronavirus vaccines and talk of reaching a compromise on new help for the U.S. economy. Shares ...

Biden likely to break barriers, pick woman to lead Pentagon

WASHINGTON (AP) — President-elect Joe Biden is expected to take a historic step and select a woman to head the Pentagon for the first time, shattering one of the few remaining barriers to women in the...

Moody's downgrades Turkey's rating to B2, negative outlook

PARIS (AP) — Credit ratings agency Moody’s has cut Turkey’s debt ratings and said it maintained a negative outlook on the country. Moody’s Investors Services said in a statement late...

Spain probes how ex-rapper IS fighter slipped into Europe

MADRID (AP) — Spanish police who this week arrested a former London rapper allegedly turned Islamic State fighter in Syria say they have no evidence he was planning an attack in Europe, but his illega...